How long will it take until the world really recovers from the economic crisis?

Well personally I can't see it recovering until at least 2012 if not later, there is no hope or relief on the immediate horizon, things just seem to be getting worst before they get better, I know the only way is up! But I don't think our government is doing much about it. I would like to be optimistic and say 2012 so that gives us another 2 years to turn things around, providing the governments unite and do something drastic to help falling economy, rather than stick their heads in the sand. Questions need to be asked to how we got into this financial mess in the first time so we can learn lessons so this doesn't happen again in the future.

That's a good question. The experts are saying a year or two but that sounds a little too optimistic to me. Things are not going to get better as long as consumers do not feel comfortable spending, and consumers are not going to feel more confident as long as people are still out of work and losing jobs. The two are very much interlinked and causing problems for each other. I don't see any solutions hopefully someone has more vision than I do.

well my friend.it was starting to get recovered.but from yesterdays news another shocking event has taken place.the UAE or specifically telling dubai has been found to be in a debt of 4 lakh crore india rupees.46 rupees make a dollar.the incident has been renamed as debt bomb.and the problem is that this incident has affected globally as well.but not as much as the first economic crisis.so it would take another 6 months to be stable again